This sociological study is done based on Children who are considered to be the School Dropouts of Adolescents in Urban area of Colombo, Sri Lanka. These Children live under the care of their Parents, grandparents, and with other care givers. The school dropouts in the Urban area of Colombo are found to be the victims of a society which is corrupted strongly due to Socio-Economic factors. The main objective of this Research article is to look into the main causes for students to dropout halfway of their schooling. The primary and secondary data were collected by providing questioners, interviews, and observations using accepted data collecting methods. The collected data are presented using most suited methods to analyze data by charts, tables and descriptive methods. The Parents, Teachers and Key Informants are being questioned as to why the percentage of School dropouts in this area is high and vulnerable. In order to achieve this objective, the questionners have been used particularly with School Dropouts and with their Parents further conduct interviews with Teachers and Key-Informants.